Listed by KW Mountains to Sound Realty, Bought with People's Real Estate Inc
NOT LISTED FOR SALE

18222 SE Wax Rd Covington, WA 98042

Estimated Value: $822,000 - $1,433,539

3 Beds
2.5 Baths
1,950 Sq Ft
$617/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,100,000 $564 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,357/month

Highlights

  • Horses Allowed On Property
  • Rooftop Deck
  • 8.16 Acre Lot
  • Kentwood High School Rated A-
  • RV Access or Parking
  • Property is near public transit

About This Home

As of February 2022

This one is special! Truly Custom home on 8+ acres in north Covington! Open your private gate & drive past your fully fenced level pastures to this homestead nestled in a grove of trees at rear of the property. Custom cabinets, millwork, and gleaming solid wood floors throughout. Soaring ceiling, lots of windows for natural light. Impressive custom chef's kitchen. Primary Suite on main level with 2 additional br's. Office space upstairs (or can be 3rd br). Covered entertainment sized patio with private relaxing sun deck above. Green house. 30x18x18 Pole Barn with attached heated workshop/office including a bathroom. Plenty of room for RVs, boats, and off-road toys. No water bills. No sewer bills. NO HOA. Close to shopping & city amenities.

Last Agent to Sell the Property

Paul Tietz

KW Mountains to Sound Realty License #24037 Listed on: 01/19/2022

KW Mountains to Sound Realty

Co-Listed By

Joan Posanke

KW Mountains to Sound Realty License #26810

Last Buyer's Agent

Joe Brannon

People's Real Estate Inc License #49769

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1878976

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,520

Year Built

  • Built in 1990

Lot Details

  • 8.16 Acre Lot
  • South Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in very good condition
  • Zoning described as Residential R4

Parking

  • 10 Car Detached Garage
  • RV Access or Parking

Home Design

  • Modern Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Heat Pump System
  • Septic Tank
  • Septic System
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Covington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1922069129

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,520

Year Built

Built in 1990

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1990
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1950
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, High Efficiency - 90%+, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, High Tech Cabling
  • Living Area: 1950
  • Main Level Bedrooms: 2
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • SquareFootageFinished: 1950
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 10
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Garage
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Forced Air,Heat Pump
  • PowerCompany: PSE
  • WaterCompany: Covington
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 1922069129
  • Topography: Equestrian,Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 8.16
  • Lot Size Sq Ft: 355449
  • Zoning Description: Residential R4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,Gated Entry,High Speed Internet,Outbuildings,Patio,Rooftop Deck,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9520

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 16, 2022
Sold by
Grose Gary A and Grose Mariska K
Bought by
Lam Tony and De Yang Ying
Seller's Agent
Paul Tietz
KW Mountains to Sound Realty
Buyer's Agent
Joe Brannon
People's Real Estate Inc
List Price
$1,000,000
Sold Price
$1,100,000
Premium/Discount to List
$100,000
10%
Current Estimated Value
$1,203,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,635
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Procore Holding Llc
Bought by
Grose Gary A and Grose Mariska K

Purchase Details

Closed on
Jun 8, 2011
Sold by
Singh Satwant
Bought by
Procore Holdings Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Singh Satwant
Bought by
Dhaliwal Real Estate Llc

Purchase Details

Closed on
Nov 4, 2005
Sold by
Singh Satwant
Bought by
Dhariwal Kuldip Singh and Singh Satwant

Purchase Details

Closed on
Oct 5, 2005
Sold by
Kaur Satwant
Bought by
Singh Santwant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Johnson Roland L and Johnson Deni
Bought by
Singh Satwant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1997
Sold by
Schultz Lana L Dalas
Bought by
Johnson Roland L and Johnson Deni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.42%

Purchase Details

Closed on
Oct 10, 1994
Sold by
Schulz Lana L Dalas and Dalas Lana L
Bought by
Schulz Lana L Dalas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.7%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lam Tony $1,100,000 None Listed On Document
Grose Gary A $214,000 First American
Procore Holdings Llc $146,000 None Available
Dhaliwal Real Estate Llc -- Ticor National
Dhariwal Kuldip Singh $575,000 --
Singh Santwant -- Ticor National
Singh Satwant $1,700,000 Ticor National
Johnson Roland L $195,000 Transnation Title Insurance
Schulz Lana L Dalas -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Satwant $1,105,000
Previous Owner Johnson Roland L $190,000
Previous Owner Schulz Lana L Dalas $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $1,100,000 +10.0% $564 / Sq Ft
01/31/2022 01/31/22 For Sale $1,000,000 0.0% $513 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/22/2022 01/22/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $1,000,000 -- $513 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,712 $1,219,000 $1,218,000 $1,000
2023 $11,008 $1,089,000 $1,088,000 $1,000
2022 $11,598 $1,202,000 $1,201,000 $1,000
2021 $9,520 $1,026,000 $1,025,000 $1,000
2020 $9,008 $795,000 $492,000 $303,000
2018 $7,897 $708,000 $461,000 $247,000
2017 $7,262 $635,000 $417,000 $218,000
2016 $7,155 $579,000 $380,000 $199,000
2015 $6,847 $529,000 $344,000 $185,000
2014 -- $497,000 $338,000 $159,000
2013 -- $414,000 $271,000 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1878976

Northwest Multiple Listing Service (NWMLS)

APN: 192206-9129